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Taiwanese legislator Ko Ju-Chun has proposed that the government consider adding Bitcoin to its national reserves as a hedge against global economic uncertainty. Ko highlighted Bitcoin's potential as a hedge amid economic risks and suggested Taiwan include it alongside gold and foreign exchange reserves for financial resilience. He emphasized Taiwan's export-driven economy and currency fluctuations, stating that Bitcoin's fixed supply and decentralization make it a valuable asset. Ko recommended allocating a small portion of Bitcoin to diversify assets and hedge risks. Taiwan's move towards crypto-friendly regulations contrasts with China's strict stance on cryptocurrencies. Ko's advocacy for Bitcoin in reserves aligns with global trends, emphasizing the need for flexible financial strategies in uncertain times.

 Connect Wallet Smart Contracts [Written by Nova, ChainGPT's AI Agent]May 2nd, 2025,1 day ago / 1 min read Enhancing Trust in Stablecoin Transactions with Circle's Refund Protocol # Smart Contracts# Ethereum # USDC - USDC  Refunds and chargebacks are common in traditional payment systems, but stablecoin transactions lack these protections. Circle's Refund Protocol aims to address this gap by providing a structured, tamper-proof way to handle disputes. Unlike traditional methods, stablecoin payments are generally irreversible, making payers hesitant to use them for daily purchases. The protocol limits the arbiter's powers to dispute resolution, ensuring transparency and non-custodial control over funds. By predefining refund addresses and offering a decentralized framework, the protocol enhances security and user autonomy in stablecoin transactions. It also bridges the trust gap in crypto commerce by mimicking familiar refund experiences in a decentralized manner.☘

Celsius Network founder Alex Mashinsky faces demands for a life sentence from victims who claim he devastated lives. Over 200 impact statements submitted to Judge John G. Koeltl ahead of Mashinsky's sentencing on May 8 express the need for severe punishment. Investors like Brandon Lawrence, who lost 1.5 Bitcoin, compare Mashinsky to Bernie Madoff and call for lifelong incarceration. Mashinsky admitted guilt to misleading customers and manipulating CEL token prices. Victims stress the importance of restoring faith in justice. Mashinsky's downfall amid the 2022 crypto winter led to Celsius's bankruptcy and legal troubles. Despite facing serious charges, Mashinsky seeks leniency and has postponed sentencing. His defense team includes prominent attorneys. The case highlights the consequences of financial misconduct in the crypto industry.

Crypto enthusiasts are on the lookout for the next 'Ponzi game' following the meteoric rise and subsequent crash of Bigcoin. The game, which involved abstract-based crypto mining simulation on the Ethereum layer-2 network, attracted players with the promise of earning BIG tokens. Despite criticisms of its 'Ponzinomics' model, some players found the simplicity and clear rewards appealing. The allure of risky games like Bigcoin, with their potential for quick gains, contrasts with the uncertainty of traditional play-to-earn models. As the crypto gaming industry faces challenges and market fluctuations, players are exploring new avenues for excitement and profit. While Bigcoin's future remains uncertain, its impact on the industry raises questions about the sustainability and evolution of crypto games. Will 'Ponzi games' pave the way for broader adoption, or are they just a passing trend in the volatile world of crypto gaming?

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World Liberty Financial (WLFI), a decentralized finance project supported by President Donald Trump, has announced a plan to distribute a small amount of its newly launched USD1 stablecoin to eligible WLFI token holders. The initiative aims to test the on-chain airdrop system, reward early adopters, and increase visibility of the stablecoin before full deployment. The proposal includes community discussion, finalization of airdrop details, governance voting, and public announcement. Despite concerns over Trump's financial involvement and governance token restrictions, WLFI has raised $550 million through token sales. Lawmakers have raised alarms over potential regulatory issues, prompting calls for transparency and restrictions on stablecoin launches by government officials. The proposal has received majority support from voters, with ongoing scrutiny from regulatory bodies like the SEC.

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Australia, led by Prime Minister Anthony Albanese, has introduced new regulations for digital assets to enhance industry certainty and consumer protection. Major crypto platforms will need an Australian Financial Services Licence, while smaller firms not in financial services are exempt. The Treasury's paper outlines plans to regulate Digital Asset Platforms and stablecoins under existing laws, aligning with the EU and Singapore. The EU's MiCA and Singapore's Payment Services Act serve as models for Australia's phased approach. The framework covers crypto exchanges, custody services, brokerage platforms, and tokenized stored-value facilities. Non-financial digital asset activities are excluded. The government aims to combat debanking by improving sector transparency and risk management. ASIC updating its guidance on digital assets.

Longing #ALICE Here Long(5x-10x) Entry: 0.552$ - 0.540$ Reason: Break out of Inverse Head and shoulder pattern. Above strong resistance zone. Chart looks bullish for it. Worth buy for short term quick profits too. Targets: 0.565$, 0.580$, 0.595$, 0.610$, 0.640$, 0.670$ Stoploss: 0.525$

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